FS KKR Capital Corp, a private credit vehicle jointly managed by Future Standard and KKR, is marketing at least $400m of high-yield bonds in a rare public debt issuance for a publicly traded credit fund, according to a report by Bloomberg.
The notes, part of a broader refinancing effort, are expected to price with a yield of around 7.5%, at the lower end of initial guidance in the mid-to-high 7% range, according to people familiar with the transaction. Investor demand reportedly reached approxim...
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